(Found at LeftEdgeNorth)
"I was falling for the shortage of refineries argument all week until this morning. On CNBC they mentioned the recent mergers/acquisitions of the oil giants, and how this allowed them to close refineries and drive price of gasoline up. The profit margin before this frenzy was 4c/gal and now it is 12c/gal.
There are a lot of well written commenters out there putting the true level of greed and corruption into a perspective that should send chills up the spine of any progressive who has one left. I have just added this author to my list of daily reads…Thanks Joe.
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1 comment:
Thanks! I'll do likewise!
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